119
119
Feb 2, 2013
02/13
by
KCSMMHZ
tv
eye 119
favorite 0
quote 0
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are another weapon in the country's n
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better...
60
60
Feb 19, 2013
02/13
by
KCSMMHZ
tv
eye 60
favorite 0
quote 0
german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term challenge. >> the german parliament is expected to approve the changes to the mandates for the german forces. both will expire in one year's time. despite this, though, berlin knows its troops could be in for the long haul. >> germany's constitutional court has eased restrictions on same-sex couples adopting children. the justices ruled that one member of a civil partnership should be able to adopt their partners stepchild or adopted child. >> as the case with heterosexual married couples as well. until now, they could only adopt a partner's biological child. >> this is the steinbeck family. kim was adopted. miles is vera's biological child. that allowed him to be adopted, but not his sister. now judges said that discrepancy violates the constitution. >> the fact that the civil partner is a homosexual is no reason for different rulings on adoption. couples in a long-te
german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term challenge. >> the german parliament is expected to approve the changes to the mandates for the german forces. both will expire in one year's time. despite this, though, berlin knows its troops could be in for the long haul. >> germany's constitutional court...
70
70
Feb 22, 2013
02/13
by
KCSMMHZ
tv
eye 70
favorite 0
quote 0
like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german businesses think the future is looking up. the business confidence index has gone up again in february. >> it is the fourth month in a row that the index has risen. it is at its highest level in nearly a year. and to service thousands of german companies about the prospects every month. >> german carmaker volkswagen made record-breaking profits but still sees a bumpy road ahead. they took in almost 32 billion euros last year, more than ever before. >> revenues from vw subsidiary portion did particularly well, but the ceo said that the company expected a tough year in 2013, especially because of instability in southern and western europe. >> onto friday's market action now, and german blue chips rebounded on the final trading day of the week. the surprisingly strong ifo index prompted many traders to jump back into the market. our correspondence sent us this summary. >> good is often not good enough. vw presented stellar results and a the highest profits
like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german businesses think the future is looking up. the business confidence index has gone up again in february. >> it is the fourth month in a row that the index has risen. it is at its highest level in nearly a year. and to service thousands of german companies about the prospects every month. >> german carmaker volkswagen made record-breaking profits...
60
60
Feb 25, 2013
02/13
by
KCSMMHZ
tv
eye 60
favorite 0
quote 0
its economic growth has been dwarfing the eu's recently. >> who needs who more? >> they have become an important trading partner and that is increasingly clear on the streets of istanbul. >> the name may be hard to pronounce, but that does not stop them at this german shoe store from snapping up the products. turkey is a lucrative market for german retailers. they have 80 stores across the market. the manager who grew up in germany says he is not surprised. turkey has a lot to offer. >> we have political and economic stability and a young population. the average age here is 28. people like to shop and they're very fashion-conscious. >> from coffee to electronics, the big german retailers are now in shopping malls, yet when it comes to their bid to join the european union, germany remains reluctant. they doubt they will ever become members. >> the eu was going through a crisis which will make it even harder for turkey to get membership. are not very helpful. >> it is not turkey that needs europe. europe needs turkey. they should accept us as members. >> survey sho
its economic growth has been dwarfing the eu's recently. >> who needs who more? >> they have become an important trading partner and that is increasingly clear on the streets of istanbul. >> the name may be hard to pronounce, but that does not stop them at this german shoe store from snapping up the products. turkey is a lucrative market for german retailers. they have 80 stores across the market. the manager who grew up in germany says he is not surprised. turkey has a lot to...
87
87
Feb 18, 2013
02/13
by
KCSMMHZ
tv
eye 87
favorite 0
quote 0
the eu has failed to introduced before reaching labeling laws for ready meals. that's no do to change. the origin of food products much more clearly identified. >> most of all, we want to work together to resolve these cases as quickly as possible. >> they want a meet screening program that goes beyond the eu guidelines. they also want an early-warning system looking out for supply chain irregularities. the sanctions are clearly not enough of a deterrent. >> we want this to be made as unattractive as possible which requires appropriate sanctions and the targeting unjust profits. >> that means the authorities will be able to completely confiscate all profits made through mislabeling. >> and other foods scandal and some argue the food industry is credit -- struggling to remain profitable in an increase in competitive world. >> they try to outbid each other, but as we see this comes at a price and it can be quality. >> and this is because of tight restrictions already in place and it's not the first time it's happened either. >> it was 1996 that a link was confirme
the eu has failed to introduced before reaching labeling laws for ready meals. that's no do to change. the origin of food products much more clearly identified. >> most of all, we want to work together to resolve these cases as quickly as possible. >> they want a meet screening program that goes beyond the eu guidelines. they also want an early-warning system looking out for supply chain irregularities. the sanctions are clearly not enough of a deterrent. >> we want this to be...
77
77
Feb 8, 2013
02/13
by
KCSMMHZ
tv
eye 77
favorite 0
quote 0
." >> here's what's coming up on the show -- after grueling marathon negotiations, the eu agrees on a budget bill that for the first time sees a cut in spending. >> street battles in tunisia following the funeral of the slain opposition leader chokri belaid. >> millions are in asia heading home to celebrate the year of the snake. for the first time in the history of the european union, the long-term budget will be cut. 27 eu leaders meeting in brussels have agreed to a final budget during a second summit arranged especially to do so. we will go live to brussels for the latest in just a moment. >> that's right -- the drastically reduced seven-year budget is worth 959 billion euros and was hammered out after two days of nearly round-the- clock negotiations and is far less than the just over $1 trillion euros -- and the one trillion euros the commission had originally proposed. >> german chancellor angela merkel went into the talks saying she was confident the agreement would be reached. in the end, the 27 member states came up with a compromise that even british prime minister david cam
." >> here's what's coming up on the show -- after grueling marathon negotiations, the eu agrees on a budget bill that for the first time sees a cut in spending. >> street battles in tunisia following the funeral of the slain opposition leader chokri belaid. >> millions are in asia heading home to celebrate the year of the snake. for the first time in the history of the european union, the long-term budget will be cut. 27 eu leaders meeting in brussels have agreed to a...
86
86
Feb 28, 2013
02/13
by
KCSMMHZ
tv
eye 86
favorite 0
quote 0
france, right all eu countries, is in a crisis and needs new markets. >> is another of hollande -- that is another of hollande's priorities on this visit. >> in germany, the man who wants to replace angela merkel as chancellor in september is in hot water over italy's e -- election. >> he spoke of the near winners as clowns. one of them, beppe grillo, is a comedian, so he might not be that defended -- offended. >> the other is silvio berlusconi. he is a two-time former prime minister. >> the italian president's state visit to germany has been overshadowed by the diplomatic incident created by peer steinbrueck. italy and germany would continue to work together, despite occasional irritations. >tuesday, peer steinbrueck referred to a delete's former prime minister -- to italy's former prime minister as a clown. >> when one talks about things concerning another friendly, allied country, and about the result of a free election, one must be well balanced in his choice of words. >> he would not be drawn into the matter. >> i do not wish to comment. some statements are sufficient in themselves
france, right all eu countries, is in a crisis and needs new markets. >> is another of hollande -- that is another of hollande's priorities on this visit. >> in germany, the man who wants to replace angela merkel as chancellor in september is in hot water over italy's e -- election. >> he spoke of the near winners as clowns. one of them, beppe grillo, is a comedian, so he might not be that defended -- offended. >> the other is silvio berlusconi. he is a two-time former...
110
110
Feb 7, 2013
02/13
by
KCSMMHZ
tv
eye 110
favorite 0
quote 0
. >> british prime minister david cameron wants the eu to mend what he sees as its wasteful ways. he made his point by arriving on foot, not in a chauffeur-driven limousine. he went into the talks in a bullish mood. >> the numbers that were put forward were much too high. they need to come down, and if they do not, a to be a done deal. >> that puts him on a collision course with many other eu leaders who argue the block needs a $1 trillion budget to fight unemployment, fund education and training and invest in the future. >> i of europe goes for compromise at any cost and puts common policies, agriculture, and growth at risk as a result, i will oppose it. >> with opinions so clearly divided, german chancellor angela merkel was keen to play down the differences and talk up the prospects of reaching agreement. >> the starting positions are quite far apart. but speaking for germany, i say we will do everything we can to come to an agreement. because in times of uncertainty and high unemployment, it is essential for people to be able to plan their future. >> it is about politics, not
. >> british prime minister david cameron wants the eu to mend what he sees as its wasteful ways. he made his point by arriving on foot, not in a chauffeur-driven limousine. he went into the talks in a bullish mood. >> the numbers that were put forward were much too high. they need to come down, and if they do not, a to be a done deal. >> that puts him on a collision course with many other eu leaders who argue the block needs a $1 trillion budget to fight unemployment, fund...
86
86
Feb 21, 2013
02/13
by
KCSMMHZ
tv
eye 86
favorite 0
quote 0
. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also accused merkel of making common cause with europe's foes. >> you've made an unholy alliance with no sense of perspective. and with a leader david cameron who may want to leave the you. it is a strange alliance if your aim is to safeguard europe's future for the days to come. >> strong stuff, but the opposition is the least of pass the budget draft.elelelel'o merkel's
. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe...
102
102
Feb 26, 2013
02/13
by
KCSMMHZ
tv
eye 102
favorite 0
quote 0
. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just have common values. we also face common tasks. >> a number of these challenges were discussed at an earlier meeting with kerry's german counterpart. first and foremost, the plans for a new free trade deal between the u.s. and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overco
. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the...
68
68
Feb 5, 2013
02/13
by
KCSMMHZ
tv
eye 68
favorite 0
quote 0
in germany, citizens remain up in arms about the prospect of having to bail out failed banks and eu governments for perhaps years to come. they are still asking why no charges have been brought in the interest rate fixing scandal among top level banks. >> now, the german finance minister is set to present proposals to address that anger that will include a tightening of banking regulations. germany is not the only european country planning new laws against the reckless bankers that cost taxpayers billions. >> and number of european governments are drawing up new measures to prevent big banks from passing on the costs of high risk trading to taxpayers. in germany, a new draft law is due to be presented to the cabinet on wednesday. the proposed law would require major banks to separate their retail and investment banking. it also outlines plans for restructuring and liquidation in the event of a crisis, and bank executives are engaged -- who engage in reckless behavior could face up to five years in prison, and britain is also bound to pressure to rein in the excesses' of the system in the wake o
in germany, citizens remain up in arms about the prospect of having to bail out failed banks and eu governments for perhaps years to come. they are still asking why no charges have been brought in the interest rate fixing scandal among top level banks. >> now, the german finance minister is set to present proposals to address that anger that will include a tightening of banking regulations. germany is not the only european country planning new laws against the reckless bankers that cost...
74
74
Feb 26, 2013
02/13
by
KCSMMHZ
tv
eye 74
favorite 0
quote 0
the eu is currently working on plans to limit banker bonuses. it would be a historic first. a swiss politician also launched an initiative a few years ago. he was fed up with the high bonuses paid to managers in switzerland's top companies. now swiss voters will decide if stockholders of companies will be able to determine how much money managers get. >> if -- is thomas a modern-day william tell or simply obsessed with revenge? for months, the 49-year-old businessman has been promoting his initiative to tighten controls on executive compensation with countless speeches, debates, and interviews. 16 hours a day he is in the fight of his life. >> the debate in assembly's committee, blocks have been phenomenal. it is a real pleasure to have the swiss system of direct democracy and to use it as an individual. >> it began in 2001 when swiss air was grounded. for the swiss, the bankruptcy of their debt-ridden national carrier was traumatic. in the company's last ceo -- then the company's last ceo took home some 10 million euros. this mouthwash company was also on the verge of ruin
the eu is currently working on plans to limit banker bonuses. it would be a historic first. a swiss politician also launched an initiative a few years ago. he was fed up with the high bonuses paid to managers in switzerland's top companies. now swiss voters will decide if stockholders of companies will be able to determine how much money managers get. >> if -- is thomas a modern-day william tell or simply obsessed with revenge? for months, the 49-year-old businessman has been promoting...
78
78
Feb 1, 2013
02/13
by
LINKTV
tv
eye 78
favorite 0
quote 0
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are another weapon in the country's n
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better...
158
158
Feb 26, 2013
02/13
by
KCSM
tv
eye 158
favorite 0
quote 0
as country in the eu, the german role is very important here. why not 2023, for example, the 100's anniversary of the turkish republic. >> the turkish economy remains robust and is forecasted to grow by 3% this year. the more they prosper, the more they're beginning to fear that perhaps they do not need europe after all. even without the membership, more than 4000 german companies are involved in turkey. germany is their largest trading partner by far. berlin's restrictive visa policies are a hassle. >> first of all, we need an official invitation before we can come. then we need to prove salary, but the flight tickets. it's very time-consuming. a reform of the business visa is long overdue. >> business may be booming but complete harmony is still a distant dream. >> coming up after the break, a closer look a conflict in syria. >> and who does not love the oscars? the european angle is next. >> the syrian government say they are ready to hold talks with armed opposition groups.pte announcement in moscow ahead of talks with officials. >> we do no
as country in the eu, the german role is very important here. why not 2023, for example, the 100's anniversary of the turkish republic. >> the turkish economy remains robust and is forecasted to grow by 3% this year. the more they prosper, the more they're beginning to fear that perhaps they do not need europe after all. even without the membership, more than 4000 german companies are involved in turkey. germany is their largest trading partner by far. berlin's restrictive visa policies...
103
103
Feb 18, 2013
02/13
by
LINKTV
tv
eye 103
favorite 0
quote 0
the eu has failed to introduced before reaching labeling laws for ready meals. that's no do to change. the origin of food products much more clearly identified. >> most of all, we want to work together to resolve these cases as quickly as possible. >> they want a meet screening program that goes beyond the eu guidelines. they also want an early-warning system looking out for supply chain irregularities. the sanctions are clearly not enough of a deterrent. >> we want this to be made as unattractive as possible which requires appropriate sanctions and the targeting unjust profits. >> that means the authorities will be able to completely confiscate all profits made through mislabeling. >> and other foods scandal and some argue the food industry is credit -- struggling to remain profitable in an increase in competitive world. >> they try to outbid each other, but as we see this comes at a price and it can be quality. >> and this is because of tight restrictions already in place and it's not the first time it's happened either. >> it was 1996 that a link was confirme
the eu has failed to introduced before reaching labeling laws for ready meals. that's no do to change. the origin of food products much more clearly identified. >> most of all, we want to work together to resolve these cases as quickly as possible. >> they want a meet screening program that goes beyond the eu guidelines. they also want an early-warning system looking out for supply chain irregularities. the sanctions are clearly not enough of a deterrent. >> we want this to be...
131
131
Feb 8, 2013
02/13
by
CNBC
tv
eye 131
favorite 0
quote 0
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut. arguably, we can walk away and say we got what we asked for. the question is what happens with the eu contributions? do we still walk away with our rebates, too? we are starting to see information filtering through now. the italians on a growth income national basis, they're the highest contributors. they're probably happy with the latest contribution. the dutch are set to lose a third of their rebate. so the question is, in this tit for tat world that we have here in brussels, what would appease them? they have been arguing for cuts to the
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut....
83
83
Feb 19, 2013
02/13
by
CSPAN2
tv
eye 83
favorite 0
quote 0
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian members elected, male and female. and i think you will continue to see that. you know, speak who else? >> well, you have, i think there are several -- you one who is a korean and i think we have one korean-american come and i think you will see more going forward because you've got a lot of asian-americans who are mayors, you know, in major cities. and i think that the answer is i think it would be very helpful to have more asians, americans as members of congress. and, of course, you had a governor who is now ambassador, whose or secretary of commerce,
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian...
97
97
Feb 8, 2013
02/13
by
LINKTV
tv
eye 97
favorite 0
quote 0
martin schulz -- in the eu budget for the next seven years. martin schulz, the president of the european commission, has warned strongly against the idea of some kind of austerity budget, a backward-looking budget, which appears to be what we have on the table so far today in brussels. martin schulz said that the european parliament might not pass a budget deal. -- pass a budget deal which they regard as a deficit deal. there may yet be hurdles to overcome. am i he is one of the arctic -- >> he is one of the architects of the us drone program. what could be leadership asked the leadership of john brennan mean for us policy -- what could the leadership of john brennan mean for us policy? >> hello. welcome back. for much of europe, it remains very cold and unsettled. lots of frontal systems, active frontal systems. a lot of snow whooshing up across -- pushing up across poland. still some significant snowfall. we are likely to see further snow the next few days. most of the heaviest snow will be across the ukraine and extending up towards western
martin schulz -- in the eu budget for the next seven years. martin schulz, the president of the european commission, has warned strongly against the idea of some kind of austerity budget, a backward-looking budget, which appears to be what we have on the table so far today in brussels. martin schulz said that the european parliament might not pass a budget deal. -- pass a budget deal which they regard as a deficit deal. there may yet be hurdles to overcome. am i he is one of the arctic --...
859
859
Feb 13, 2013
02/13
by
BBC2
tv
eye 859
favorite 0
quote 0
dna testing across the eu. bute, used on horses, but should not be in the human food chain. not be in the human food chain. right across europe, to get to the bottom of this problem. bottom of this problem. marked "beef", and finding it contains horse. contains horse. got this meetinging pulled together at short notice today. at short notice today. come forward with proposelia that is we wanted. is we wanted. products, that will help reassure the consumer. the consumer. informed about what we are all eating. eating. romania is to blame for some of the adulterated meat products. adulterated meat products. confidence about how horsemeat is produced in his country. produced in his country. everything was according to the standards. standards. companies involved, and to rebuild the trust of the european consumers. the trust of the european consumers. the european system clearly isn't working? working? that means that the european procedures have worked. procedures have worked. that there are frauds in many other issues, not only in in this field. issues, not only in in this field. procedu
dna testing across the eu. bute, used on horses, but should not be in the human food chain. not be in the human food chain. right across europe, to get to the bottom of this problem. bottom of this problem. marked "beef", and finding it contains horse. contains horse. got this meetinging pulled together at short notice today. at short notice today. come forward with proposelia that is we wanted. is we wanted. products, that will help reassure the consumer. the consumer. informed about...
147
147
Feb 12, 2013
02/13
by
CNBC
tv
eye 147
favorite 0
quote 0
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea...
172
172
Feb 28, 2013
02/13
by
CNBC
tv
eye 172
favorite 0
quote 0
it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip with the european union. this seems like one area where it comes into focus. >> and it still has to be officially signed off. but at the moment, that's what's laid out. >> i just wonder if mayor bloomberg in new york is going, yeah, go ahead, guys. guys, if you want your bonus, you can come right over here. >> they're all looking at this thinking, this is good for pus. >> the other story we're following this morning is the sequester. fitch has said it could prompt negative ratings action. not because of the sequester itself necessarily, but because of the politics and the way it was handled. head to cnbc.com to rea
it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip...
55
55
Feb 18, 2013
02/13
by
CSPAN2
tv
eye 55
favorite 0
quote 0
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian members elected, male and female. and i think you will continue to see that. you
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian...
176
176
Feb 22, 2013
02/13
by
CNBC
tv
eye 176
favorite 0
quote 0
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circums
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back...
96
96
Feb 2, 2013
02/13
by
CSPAN2
tv
eye 96
favorite 0
quote 0
but they are an active member of the eu. she wants to keep them end. >> time is getting a little tight here, so let's go to two questions very quickly right here and then right over here. >> you said that you would enhance economic opportunities in asia, asian members of commerce. >> that is an interesting question. some very senior members of congress, in fact, the senior senator testified -- just died who had tremendous clout, and you're seeing more and more asian members elected, male and female, and i think he will continue to us see that. you know, -- [inaudible question] >> well, you have -- i think there are several -- one who is korean, one korean-american. at think you will see more going forward because you love a lot of asian-americans who are mayors in major cities to lend that think that if the answer is, i think it would be very helpful to have more asian americans as members of congress. and, of course, he had a governor who is now our ambassador to -- our secretary of commerce who is now our ambassador to bei
but they are an active member of the eu. she wants to keep them end. >> time is getting a little tight here, so let's go to two questions very quickly right here and then right over here. >> you said that you would enhance economic opportunities in asia, asian members of commerce. >> that is an interesting question. some very senior members of congress, in fact, the senior senator testified -- just died who had tremendous clout, and you're seeing more and more asian members...
129
129
Feb 12, 2013
02/13
by
CSPAN
tv
eye 129
favorite 0
quote 0
referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget deal makes the case for britain staying in europe stronger? >> i would say that the reaction that i have had to the speech i made a few weeks ago has been, on the whole, fairly positive, because people can see that it is not some simplistic argument about an immediate referendum -- it is a well-argued case, i would say, for how europe should reform and how we should secure britain's place within it. these discussions show that britain can get good deals done with partners in europe having made a speech on that subject. i think that actua
referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget...
141
141
Feb 26, 2013
02/13
by
CNBC
tv
eye 141
favorite 0
quote 0
i'd love to know what they're going to say bearing in mind that they're not exactly pro eu parliament. so that will be fascinating, won't it? let's face it, anti-austerity was the theme of this. bearing in mind, we've got 50% of voters coming around to say grillo or berlusconi, we don't want aus tearpy. anyway, the bill fall guy in this election was the prime minister, the technocrat who ran, marto monte. let's hear what he's been saying in the aftermath of these electoral disaster. >> translator: it's still too early to consider any solution, nor does it rest upon me to find one. but right now, i consider it is essential that there's maximum transparency between the political forces because we're all faced with a very serious responsibility. the government must ensure responsibility for the entire country. >> okay. so more analysis. alana fred reeko joins us now. you've had a big meeting today already, loradonna. you shook my hand. lovely. thank you. no one else did today. what did you guys decide is the way forward? >> following the outcome of the italian election, the situation loo
i'd love to know what they're going to say bearing in mind that they're not exactly pro eu parliament. so that will be fascinating, won't it? let's face it, anti-austerity was the theme of this. bearing in mind, we've got 50% of voters coming around to say grillo or berlusconi, we don't want aus tearpy. anyway, the bill fall guy in this election was the prime minister, the technocrat who ran, marto monte. let's hear what he's been saying in the aftermath of these electoral disaster. >>...
99
99
Feb 18, 2013
02/13
by
CNBC
tv
eye 99
favorite 0
quote 0
most eu countries including eu and france support bonus curves holing banks to a one to one bonuses salary ratio. the newspaper says the uk has suggested an alternative proposal that bans cash bonuses exceeding salaries. but still, a pretty extraordinary development as it moves forward the. >> yeah. meanwhile, being a part of europe, for most britains, a new poll reveals that only one in three british citizens would vote to stay in the eu. the conservative ruling british government last night promised to hold a referendum on the matter in 2017. and the troubles amounting to the spanish flagship airline iberia is likely to cause widespread chaos and cost the airline millions. the strike begins tonight. 70,000 passengers are likely to be affected, piling further pressure on the nation's already struggling tourist industry. iberia report a loss of 25 2 million euros during the first nine months of 2012. >>> francesca is still with us. we want to get your thoughts on a km of themes here. i know we've been talking about the eu, we've did you discussed how you see the euro special being a headwi
most eu countries including eu and france support bonus curves holing banks to a one to one bonuses salary ratio. the newspaper says the uk has suggested an alternative proposal that bans cash bonuses exceeding salaries. but still, a pretty extraordinary development as it moves forward the. >> yeah. meanwhile, being a part of europe, for most britains, a new poll reveals that only one in three british citizens would vote to stay in the eu. the conservative ruling british government last...
144
144
Feb 5, 2013
02/13
by
CNBC
tv
eye 144
favorite 0
quote 0
we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have i
we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good...
115
115
Feb 26, 2013
02/13
by
LINKTV
tv
eye 115
favorite 0
quote 0
possible italian and ability to pay off the interest on the bed and italy having to ask for a bailout the eu and eurozone have to -- cannot afford. but we are still a ways from that. we are not seeing the interest that we saw at the end of the berlusconi era. the markets -- the markets are cautious but as soon as there is some idea what will happen politically, the better. >> live in rome. the uncertainty in italy has worried eurozone politicians who had been pleased about the cuts and tax rises mario monti's government put into place to control the country's economy. >> it is not my role to comment or put myself in the place of italian electors. we need a strong italy, european italy. and italy that is reforming itself and taking its rightful place in the orchestra of change your europe needs. >> it is important that italy not only in the interest of italy but in the interests of all europe will soon form a stable and functioning government. it is important for italy and because italy is such an important country in europe, olive europe that a stable and functioning government is formed. r
possible italian and ability to pay off the interest on the bed and italy having to ask for a bailout the eu and eurozone have to -- cannot afford. but we are still a ways from that. we are not seeing the interest that we saw at the end of the berlusconi era. the markets -- the markets are cautious but as soon as there is some idea what will happen politically, the better. >> live in rome. the uncertainty in italy has worried eurozone politicians who had been pleased about the cuts and...
133
133
Feb 7, 2013
02/13
by
CNBC
tv
eye 133
favorite 0
quote 0
mark carney to sit down in his chair and begin that testimony, jean-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about in november, we've cut around 80 billion euros from the 1 trillion euro target that they were looking at back in november. so we are moving in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cut
mark carney to sit down in his chair and begin that testimony, jean-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about...
90
90
Feb 26, 2013
02/13
by
FBC
tv
eye 90
favorite 0
quote 0
we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could start friday or to protect the economy against europe? what's he going to do? is he going to keep printing money or not? we'll be here right at ten o'clock to find out exactly what he's going to do. it will affect the market. all right, next, we're following up on the big story, the big stock selloff and ask, why do the italians have such a big impact on our money and plus, the governor of kansas, we'll ask sam brownback his push to eliminate the income tax. and i've got good news on housing, too. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.
we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could...
204
204
Feb 11, 2013
02/13
by
CNBC
tv
eye 204
favorite 0
quote 0
we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after
we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows....
159
159
Feb 14, 2013
02/13
by
CNBC
tv
eye 159
favorite 0
quote 0
the eu -- not eu. i keep saying eu. eurozone, sorry, my apologies, fourth quarter gdp number minus 0.6%, points to about an annual contraction of around 0.5% if my numbers are right. portuguese annual quality around 1.8% quarter on quarter. 1.9% in the third quarter. the year on year, 3.8%. again, that is worse than expected. >> well, because, again, to annualize these figures, and this is what i'm used to looking.1.8% on the quarter points to something like 6.7% annualized pace. it's a really deep decline. >> meanwhile, did we mention this? greece's economy, unemployment rate sitting 27% as of november. >>> so with those numbers, let's get out to jens nordic. we are just seeing euro/dollar to 1.3340. we hit a little weaker than this, 1.3 25, somewhere around there. where -- and dollar index is at a one-month high. do these gdp numbers matter for the future direction of the euro? because a lot of people are pointed to do pmi and the ifo signaling the worst is behind us. >> i think they actually do matter. i think we're
the eu -- not eu. i keep saying eu. eurozone, sorry, my apologies, fourth quarter gdp number minus 0.6%, points to about an annual contraction of around 0.5% if my numbers are right. portuguese annual quality around 1.8% quarter on quarter. 1.9% in the third quarter. the year on year, 3.8%. again, that is worse than expected. >> well, because, again, to annualize these figures, and this is what i'm used to looking.1.8% on the quarter points to something like 6.7% annualized pace. it's a...
188
188
Feb 8, 2013
02/13
by
CSPAN2
tv
eye 188
favorite 0
quote 1
the present system to finance the eu is the most unjust and unfair that there is. five of the richest countries pay relatively less than the 10 poorest ones. they are all new member states. parliament has proposed an overall reform based on new owned resources, and we are pleased what you have to say about that. france will fight. it accepts the principle. but you said the limitation is going to fight to put a seating on his own contribution which means of course making this tougher and more expensive for the poorest countries. the alchemist in the council might end up with some way of reducing, reducing the next seven years cohesion for expenditures for hunters like greece, portugal, spain, hungary. these countries need europe now more than ever before. they are suffering more than ever before. they have make more sacrifices than ever before and now we're deciding to help them even less. and, of course, they didn't have the political means to stand up and defend themselves. mr. president, going along with a compromise on such a basis is saying that you want a euro
the present system to finance the eu is the most unjust and unfair that there is. five of the richest countries pay relatively less than the 10 poorest ones. they are all new member states. parliament has proposed an overall reform based on new owned resources, and we are pleased what you have to say about that. france will fight. it accepts the principle. but you said the limitation is going to fight to put a seating on his own contribution which means of course making this tougher and more...
197
197
Feb 19, 2013
02/13
by
CNBC
tv
eye 197
favorite 0
quote 0
. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens whe
. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all...
113
113
Feb 26, 2013
02/13
by
CNBC
tv
eye 113
favorite 0
quote 0
take out of yesterday's market action is that we're going to see a lot of language coming out of the eu over the next couple of months until this is settled that will have italy saying we're going to repudiate the policies you've seen and you'll have ben draghi and merkel coming in and saying we're getting tougher. so, the markets are in trouble. >> more back-and-forth volatility. >> but the issues are youaustey stair you atarity here and there. >> our thanks to steve liesman as always, and we're back in two minutes. >>> the nasdaq at its lowest level in more than a month. should you be buying the dip there? and home prices post their biggest gain since 2006. we're tackling the housing trade when the "half" comes back. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our i
take out of yesterday's market action is that we're going to see a lot of language coming out of the eu over the next couple of months until this is settled that will have italy saying we're going to repudiate the policies you've seen and you'll have ben draghi and merkel coming in and saying we're getting tougher. so, the markets are in trouble. >> more back-and-forth volatility. >> but the issues are youaustey stair you atarity here and there. >> our thanks to steve liesman...
154
154
Feb 25, 2013
02/13
by
CNBC
tv
eye 154
favorite 0
quote 0
we saw the eu downgrading france's budget deficit forecast last friday. the defense finance minister just came out and said we're maintain the cutting deficit concerns and 2013 will be a year of major structural reform in france. we'll see what he delivers. david einhorn has been pushing his own plan to get apple to unlock more cash by issuing p perpetual preferred shares. his request was denied to seek an advisory vote on executive pay. apple is holding its shareholder meeting on wednesday. sgha l. >>> ny capital is reportedly selling a bond trade. one of the companies that came to its rescue. the deal could be announced this week. it reportedly clus knight's institutional bond trading business. nye is pretty flat in frank frurt. still to come, plenty more to come with kelly in barcelona. in the meantime, head to our website for the latest in mobile trends. we want to know which trend you're most excited about, as well. e-mail us, or tweet us. still to come on the show, the blame game continues over deepwater wore rideson as bp heads to court today for a
we saw the eu downgrading france's budget deficit forecast last friday. the defense finance minister just came out and said we're maintain the cutting deficit concerns and 2013 will be a year of major structural reform in france. we'll see what he delivers. david einhorn has been pushing his own plan to get apple to unlock more cash by issuing p perpetual preferred shares. his request was denied to seek an advisory vote on executive pay. apple is holding its shareholder meeting on wednesday....
93
93
Feb 6, 2013
02/13
by
CSPAN2
tv
eye 93
favorite 0
quote 0
we need to have our own perspective inside the eu. and also in a global sense in the coming years. food security, changes, climate changes, water, etc. just to be clear, the referendum question has to be in or out. >> that is a question for the british government. >> i think it would be premature to have the discussion. we need to know what they actually want in this discussion. we will choose to find out over the next few years. >> well, i think it is the british government who can decide what it should be. so we have to see what outcome we want. >> i think we have chase that rabbit. >> next question from the floor? >> gentlemen, a lady there? >> hello, i am amy kellogg from fox. this is a question for the prime minister. the u.s. needs to make some serious budget cuts in the coming months to avoid the fiscal cliff. both of you have gone through the process of making budget cuts in their own countries. i'm wondering if you can share any lessons learned for the united states as it starts to make its own budget cuts. >> i am sure that they are waiting with baited breath. yes, i woul
we need to have our own perspective inside the eu. and also in a global sense in the coming years. food security, changes, climate changes, water, etc. just to be clear, the referendum question has to be in or out. >> that is a question for the british government. >> i think it would be premature to have the discussion. we need to know what they actually want in this discussion. we will choose to find out over the next few years. >> well, i think it is the british government...
64
64
Feb 22, 2013
02/13
by
CNBC
tv
eye 64
favorite 0
quote 0
they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market has absorbed that switch. >> giving you their analysis of those signs in a moment. but first, let's focus on the price action we have heading into the weekend. bob pisani has that. >> remember we started falling apart when we had the fed minutes at 2:00 p.m. wednesday. that's when the market changed and it changed around when bullard said they would stay for a long time. i think bernanke will imply that next week in his testimony. take a look at the dow. this is what you saw throughout january into february, up until wednesday. slow melt up into the afternoon again. starting to get close to the hi
they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market...
79
79
Feb 22, 2013
02/13
by
CSPAN2
tv
eye 79
favorite 0
quote 0
india eu, yes. i would be, i think remiss if i convey the impression that with our economic relationship with the united states that i was trying to sound -- it's not what i was trying to do, was to say that with all trading partners, inevitably you get involved with the market issues and arguments over one particular aspect of trade or the other. what i was hoping was that since all of america and its need to focus on that, put all these into something like a trade policy forum, separately. by the media, give made substantial improvements. i believe is going to be a meeting in able where hope we'll be able to find -- [inaudible]. we have made a great deal of progress in matters relating to industry, agriculture. and services, napster would make it is certainly getting to a lot of attention. we are conscious that negotiating time and negotiating attention, yet the same set of people who are debating these issues with all the partners. we need to conclude this and we certainly will be looking for a w
india eu, yes. i would be, i think remiss if i convey the impression that with our economic relationship with the united states that i was trying to sound -- it's not what i was trying to do, was to say that with all trading partners, inevitably you get involved with the market issues and arguments over one particular aspect of trade or the other. what i was hoping was that since all of america and its need to focus on that, put all these into something like a trade policy forum, separately. by...
237
237
Feb 4, 2013
02/13
by
CNBC
tv
eye 237
favorite 0
quote 0
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the crisis, a far cry yet for spain, but the latest refinancing operation in the various eurozone countries, including at the short end of the range for spain looks like a bit of relief. no relief in terms of the actual solving of the problems, but we'll hear none of that tonight. >> as we've learned, that's often the case with these situations. sylvia, thanks very much for that. tina fordham is still with us. from your point of view, how important is today's meeting? how important b
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've...